Ocean Grove
VIC
3226
Endless Potential in Old Grove
Sold 14/08/2024 $865,000
Sold in just 7 days! For similar property hitting the market soon, contact Brock Grainger.
Embrace the promise and charm of this delightful 1960s beach shack positioned in the heart of ‘old’ Ocean Grove, offering the perfect blend of character and potential. This welcoming three-bedroom, one-bathroom home sits on a generous 627 sqm (approx.) block with potential north-facing views over the Blue Lakes Reserve, presenting an excellent opportunity for renovators, investors, or developers.
The home features three bedrooms, family bathroom with second toilet off the laundry, two cosy living areas and a spacious kitchen with compact meals area. The kitchen has practical, hardwaring benchtops and cabinetry with a built-in pantry and small study nook. The living spaces include a cozy sunroom with over-height windows and a separate lounge room with a wood-fired heater, perfect for warming the whole home on those cooler winter nights.
Outside, there is a covered timber deck bridging the front and rear yards featuring an established lemon tree, veggie beds, espaliered fruit trees and a firepit area. A storage shed/workshop adds convenience for hobbyists or additional storage needs.
Located just 100 meters from the local primary school, and in close proximity to The Terrace shops, amenities, and world-class beaches. The block’s gentle slope offers potential leafy north-facing views over Blue Lakes Reserve from a possible second storey (STCA).
For developers, the property presents an exciting opportunity for a dual- or multi-dwelling residential development (STCA). Whether you envision renovating the current residence to preserve its charm, building your dream family home or capitalising on the property’s development potential, this well-loved home is ripe for transformation.
Don’t miss this opportunity to secure a property with fantastic potential and create your dream future filled with possibilities.